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	ABOUT THIS PROSPECTUS					1
	FORWARD-LOOKING STATEMENTS					2
	ABOUT KIMBELL ROYALTY PARTNERS, LP					4
	RISK FACTORS					5
	USE OF PROCEEDS					6
	DESCRIPTION OF OUR COMMON UNITS AND CLASS B UNITS					7
	DESCRIPTION OF THE PREFERRED UNITS					9
	CASH DISTRIBUTION POLICY AND RESTRICTIONS ON DISTRIBUTIONS					11
	HOW WE PAY DISTRIBUTIONS					14
	THE PARTNERSHIP AGREEMENT					17
	MATERIAL UNITED STATES FEDERAL INCOME TAX CONSEQUENCES					32
	INVESTMENT IN KIMBELL ROYALTY PARTNERS, LP BY EMPLOYEE BENEFIT PLANS					38
	SELLING UNITHOLDERS					40
	PLAN OF DISTRIBUTION					42
	LEGAL MATTERS					46
	EXPERTS					46
	WHERE YOU CAN FIND MORE INFORMATION					47
	INFORMATION WE INCORPORATE BY REFERENCE					47

	Issuance of additional units			No approval right by common unitholders. Certain issuances will require approval by 662∕3% of the holders of the Series A Preferred Units. Please read “— Issuance of Additional Partnership Interests.”
	Amendment of the partnership agreement			Certain amendments may be made by our general partner without the approval of the unitholders. Certain other amendments that would materially adversely affect any of the rights, preferences and privileges of the Series A Preferred Units will require the approval of holders of 662∕3% of the Series A Preferred Units. Certain amendments that would alter, amend or repeal the voting rights of the Class B units or adopt any provision of our partnership agreement inconsistent with the voting rights of the Class B units will require the approval of holders of a majority of the Class B units. Other amendments generally require the approval of the holders of a unit majority. Please read “— Amendment of the Partnership Agreement.”
	Merger of our partnership or the sale of all or substantially all of our assets			Unit majority in certain circumstances, and if such merger or sale would materially adversely affect any of the rights, preferences and privileges of the Series A Preferred Units, the affirmative vote of 662∕3% of Series A Preferred Units. Please read “— Merger, Consolidation, Conversion, Sale or Other Disposition of Assets.”
	Dissolution of our partnership			Unit majority. Please read “— Dissolution.”
	Continuation of our business upon dissolution			Unit majority. Please read “— Dissolution.”
	Withdrawal of our general partner			Under most circumstances, the approval of unitholders holding a majority of the outstanding common units, excluding common units held by our general partner and its affiliates, is required for the withdrawal of our general partner prior to December 31, 2026 in a manner that would cause a dissolution of our partnership. Please read “— Withdrawal or Removal of Our General Partner.”
	Removal of our general partner			Not less than 662∕3% of the outstanding units, including common units and Class B units held by our general partner and its affiliates, for cause. Any removal of our general partner is also subject to the approval of a successor general partner by the holders of a unit majority. Please read “— Withdrawal or Removal of Our General Partner.”
	Transfer of our general partner interest			Our general partner may transfer any or all of its general partner interest in us without a vote of our unitholders. Please read “— Transfer of General Partner Interest.”
	Transfer of ownership interests in our general partner			No unitholder approval required. Please read “— Transfer of Ownership Interests in Our General Partner.”

Selling Unitholder	Common Units Beneficially Owned Prior to the Offering(1)		Class B Units Beneficially Owned Prior to the Offering		Common Units Being Offered(2)(3)		Common Units Beneficially Owned After the Offering(3)
Selling Unitholder	Common Units Beneficially Owned Prior to the Offering(1)		Class B Units Beneficially Owned Prior to the Offering		Common Units Being Offered(2)(3)		Number of Units		Percent
Rivercrest Capital Partners LP(4)		8,000,179		8,000,179		5,187,000		2,813,179		2.5%
Rivercrest Capital Partners II LP(5)		4,075,500		4,075,500		4,075,500		0		0%
Cupola Royalty Direct, LLC(6)		500,880		500,880		237,500		263,380		*
Total		12,576,559		12,576,559		9,500,000		3,076,559		2.8%